77% Of Customers Don't Trust Reviews That Are Older Than 3 Months

Customers don't care how excellent your service or product was in the past. Part of why online reviews matter is since they are fresh and relevant.

Consumers understand businesses lose their touch all the time, which is why most of them consider older reviews irrelevant.

It is for this reason that businesses ought to be continuously asking for reviews.

Source: Statuslabs

Consumers Could Invest 31% More With A Business That Has Terrific Reviews

Pay attention to this fact. The more detailed other users explain your product and services, the more money you can charge and customer review statistics show us precisely how much more.

Source: Martech Zone

Almost All Customers, Who Utilize Online Reviews, Read Them Very Early In The Purchasing Process

Let's say you want to buy a new car and there are several models which fit your criteria. How do you select the best one for you? Well, you read online reviews.

With the help of other consumers, you quickly choose one that works for you. That's how positive reviews convert consumers into customers.

Source: Consumer Affairs

Due To The Fact That They Want To Acquire A Service Or A Product And Want To Get The Truth About The Businesses Items And Services, 82 Percent Of Customers Visit Review Sites.

Users come since they have already formed a purchase decision. The majority of them (89 percent) buy within a week of their visit.

Source: RevLocal

If It Has Less Than A 4 Star Rating, More Than Half Of Consumers Won't Use A Business

This stat is among lots of that show the significance of online ratings. Now that news of consumer satisfaction travels this fast, keeping your clients happy is more vital than ever.

57 percent of consumers have looked for companies with more than four stars in 2018, which is up from 48% in 2017.

11 percent looked only for organizations with a perfect five star rating.

Source: Brightlocal

More Than Half Of Individuals Aged 25-34 Gave Reviews

According to Statista, the more youthful generations are obviously the more vocal ones.

Source: Statista

88% Of Executives View Reputation Risk As A Top Business Issue

Reputation management statistics show a company's reputation doesn't affect just the clients. Potential team members likewise take a look at scores and read reviews.

Source: Deloitte

91% Of Companies Think The Company's Star Rating Can Determine Whether They Win Or Lose A Prospective Team Member

The 86% of companies doubt the integrity of online reviews. Nonetheless, they understand the huge effect user rankings have on their business. Unfavorable consumer or employee reviews can affect 90% of job seekers.

Source: Career Arc

Many Best Selling Items Have An Average Ranking Of 4.2 To 4.7

You can't make everybody happy, which is why perfect 5 star ratings are suspicious. That's why it is unnatural to get perfect 5 star rankings.

According to consumer rating stats, conversion rates start to decrease as scores rise above 4.7.

Source: Spiegel Research Center

73% Of Customers Believe Written Reviews Are More Crucial Than Star And Number Scores

Online review statistics make it clear people aren't satisfied with ratings alone.

Client reviews make the statistics appear more genuine which is what the prospective consumers are searching for. Practically a 3rd of customers state written reviews are the only function that makes them believe the sites' reviews are beneficial and appropriate.

Source: Fan and Fuel

Only 44 Percent Of Local Companies Have Actually Accepted Their Google My Business Listing

That's 56 percent of your competitors that aren't benefiting from their listing.

While business listings on the significant review platforms are complimentary, a surprisingly low number of companies really make use of them.

Although we now understand why customer reviews are so powerful, most businesses apparently don't.

Source: LsaInsider

70% Of Consumers Prefer To Find Out About A Business Via Reviews And Short Articles, Rather Than Ads

Advertisements are all well and good, but it's worth attempting a different approach also. Reviews are by far the very best method to find the truth about a service or product.

Source: Statuslabs